On September 17, 2026, the real estate firm submitted its formal resumption plan while requesting an extension of its remedial period until December 31, 2026. The High Court of Hong Kong subsequently cleared the way for a meeting of scheme creditors, expected to occur between late October and early November. A sanction hearing for the proposed arrangement is tentatively set for November 20, 2026.
The restructuring process traces back to April 2026, when Lion Wealth Management Limited, a subsidiary of Nasdaq-listed Lion Group, signed an exclusivity agreement with Skyfame and its provisional liquidators. Despite these administrative milestones, Lion Group cautioned that no guarantee exists that the restructuring will reach completion or that the stock will return to active trading. The company plans to maintain oversight of the situation as the legal and regulatory timeline progresses.




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